BEDS2
BATHS
SQUARE FEET3,416
MLS#1096690
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONAmended Plat Of Torr Addn
Property Description
Located at 3611 Tyson NE, this fourplex has spacious two bedroom, one bathroom units with fireplaces and a common area laundryThis fourplex and the larger portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy.At the ask price $570,000 and of based on the current average rents of $1,393 per month, the property's measures of investment performance include a 8.53 GRM, 6.84% cap rate before reserves, before tax IRR of 15.1% and an after-tax IRR of 12.9%. If rents were raised to market average of $1,500, and even with a potential twofold increase in property taxes in 2027-2028.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $3,109
Year Built: 1985
Feature Descriptions
Appliances: Refrigerator
Days on Site: 73
Exterior: Frame, Stucco
Flooring: Carpet, Tile
Parcel#: 101606048819141008
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: NM Apartment Advisors, Inc.
Agency Phone: (505) 440-8633
Shown By
Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 292-8900
Estimate Your Payment
Estimated Payment
$ 1,693.91 per month $1,268.57 Principal & Interest $259.08 Property Tax $166.25 Homeowner's InsuranceChange Payment Information
Top REALTORS® in this Area
Casey Landis
From our very first call, Casey Landis impressed us with his in- depth market knowledge and sincere interest in our family's unique needs and timeline. At our first meeting, he presented a thorough market analysis and a well-crafted strategy that clearly stood out from other agents. Relocating across the country complicated our situation, but Casey went above and beyond by managing details, connecting us with trusted resources, and ensuring our home stayed show-ready and secure. His steady communication, expert guidance, and dedication helped ease our stress and resulted in a successful sale that met all our goals. We wholeheartedly recommend Casey to anyone seeking a knowledgeable,
trustworthy, and committed realtor.
— Gregory Howell
— Gregory Howell
Ashly Jaramillo
I had an excellent experience working with Ashly. I would recommend her to anyone that is in the process of buying a home.— Martha Edwards
— Martha Edwards
3611 Tyson Place Ne | MLS# 1096690
This multi-family property located at 3611 Tyson Place Ne, Albuquerque, NM 87107 is currently listed for sale with an asking price of $570,000. Search Albuquerque real estate on www.cblegacy.com today.